Pics: Dayanand Kukkaje
Media Release
Mangaluru, Aug 26: MCC Bank Ltd’s first customers’ meet post-centenary decennial year will be organized in the founder's branch on August 28.
Addressing media here on Friday August 26 at the bank’s head office, chairman Anil Lobo Fermai said, “MCC Bank Ltd is one of the oldest banks established in the year 1912 celebrating post-centenary decennial celebrations this year. The credit goes to the visionary founders, shareholders, former chairmen, directors, and dedicated staff.
“The esteemed members of the bank elected the present board led by the chairman with a full majority in the year 2018. First time in the 110 years of the history of the bank the board led by Anil Lobo succeeded in recording a net profit of Rs 8.27 crore in spite of the pandemic. Moreover, this financial year, the turnover of the bank increased to Rs 861 crore which were just Rs 510 crore in the year 2018. The NPA which was 7.17% in the year 2018 when the present board took over has reduced to just 1.60%. This is an indication of the bank’s stability and growth.
“To make steady progress, we seek guidance and feedback from our valued customers. Customers are the backbone of the banking industry. Most of our branches are now upgraded and shifted to spacious premises with ample parking for the convenience of its esteemed customers. Members of the staff were trained by experts in banking and public relations. Due to the pandemic, we were not able to organize customer meets in the past two years. This year, being the post-centenary decennial year, the first customers’ meet of the year is organized on Sunday. We believe that customer feedback is important for the growth of the bank and attending to customers' grievances is our duty. The director in-charges of the branch, officers of GM, and DGM rank will be present at the meeting. The chairman and directors will also
attend the meeting,” he said.
Vice president Jerald Jude Karkala, general manager Sunil Menezes directors Andrew D’Souza, Marcel D’Souza, Irene Rebello, Dr Freeda Rodrigues, David D’ Souza Bajpe, Roshan Tokkottu, Dr Jerald Pinto, Anil Patrao, advocate Sushanth, Herald Monteiro and J P Rodrigues were present.